Tennant Minerals Limited · ASX:TMS
Tennant Minerals — RIU Explorers Conference 2023
16 slides from Tennant Minerals's conference presentation, Feb 16, 2023
Slide 1: Bluebird High-Grade Copper-Gold Discovery
RIU EXPLORERS CONFERENCE FREMANTLE, 14 – 16 FEBRUARY 2023 AXS:TMS BLUEBIRD HIGH-GRADE COPPER-GOLD DISCOVERY THE BARKLY PROJECT TENNANT CREEK NORTHERN TERRITORY, AUSTRALIA ASX:TMS
Slide 2: Cautionary Statements and Competent Persons Declaration
Cautionary Statements and Competent Persons Declaration CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION This presentation contains forward-looking statements concerning Tennant Minerals Ltd. Forward-looking statements are not statements of historical fact and actual events and results may
Slide 3: Highlights
Highlights • High-grade, greenfields, copper-gold discovery at Bluebird, east of Tennant Creek: Darwin - 30.5m @ 6.2% Cu, 6.8 g/t Au inc. 17.8m @ 5.2% Cu, 11.5 g/t Au & 16.1m @ 10.5% Cu1 - 63m @ 2.1% Cu, 4.6 g/t Au incl. 27.55m @ 3.6% Cu, 10 g/t Au2 • Bluebird is open to the east, west and at depth
Slide 4: Barkly Project and the Bluebird Cu-Au Discovery: World-Class Location
Barkly Project and the Bluebird Cu-Au Discovery: World-Class Location • The Barkly Project and the Bluebird discovery is located east of the Tennant Creek (copper- gold) Mineral Field (TCMF), which produced >5.5Moz of gold and >700kt of copper from 1934 to 20053. No new production since. • The Barkl
Slide 5: Bluebird Cu-Au Discovery
Bluebird Cu-Au Discovery • Thick and high-grade copper - gold intersections in doubly plunging zone, open in all directions: BBDD0018: 30.5m @ 6.2% Cu, 6.8 g/t Au incl. 16m @ 10.5% Cu, 0.44 g/t Au1 BBDD0012: 63m @ 2.1% Cu, 4.6 g/t Au incl. 27.55m @ 3.6% Cu, 10 g/t Au2 BBDD0013: 40m @ 2.6% Cu, 1.3 g/
Slide 6: Bluebird Cross Sections – Thick Cu-Au
Bluebird Cross Sections – Thick Cu-Au Thick, high-grade, copper - gold intersections associated with structures intersecting anticline, producing dilational zone, predicted to repeat at depth. Cross section 448,320mE1 Cross section 448,340mE4 ASX:TMS Cross section 6 448,360mE2
Slide 7: Other Key Targets in 2.5km Bluebird-Perseverance Target Zone
Other Key Targets in 2.5km Bluebird-Perseverance Target Zone • Bluebird associated with ENE-WSW trending structures intersecting gravity ridge (ironstone). • RAB drilling at Bluebird and east produced geochemical anomaly (subcrop/outcrop), leading to initial discovery. • RAB drilling west of Bluebir
Slide 8: Bluebird – Perseverance Gravity Model – Continuity of Ironstones & Structures to >500m Depth
Bluebird – Perseverance Gravity Model – Continuity of Ironstones & Structures to >500m Depth Detailed gravity inversion model ASX:TMS 8
Slide 9: Focus on 6 Key Targets in 2.5km Bluebird – Perseverance Corridor
Focus on 6 Key Targets in 2.5km Bluebird – Perseverance Corridor • Detailed gravity highlights WNW – ESE trending • High-resolution drone-magnetics identified gravity high (ironstone) and intersecting WSW – WSW trending reverse-polarized magnetic ENE deep seated Bluebird - Perseverance anomaly assoc
Slide 10: Bluebird associated with IP Resistivity low – other targets identical target scenario
Bluebird associated with Induced Polarisation (IP) Resistivity low – other targets (e.g. Perseverance North) identical target scenario Bluebird Cross section 448,360mE7 Perseverance North Cross section 447,700mE7 ASX:TMS 10
Slide 11: Babbler Project: Magnetic-Gravity Cu-Au Targets under-cover
Babbler Project: Magnetic-Gravity Cu-Au Targets under-cover • Babbler tenement, immediately south of Bluebird. • Warramunga Formation, the host of Bluebird and Bluebird other Tennant Creek Cu-Au deposits, under Prospect sedimentary/volcanic cover (Ooradidgee Fm). • Previous drilling includes 3m @ 2.
Slide 12: Third Stage of Drilling planned = Strong News Flow
Third Stage of Drilling planned = Strong News Flow • Bluebird Copper-Gold Discovery: Drilling to extend and define the Bluebird high-grade copper-gold discovery to the east and west, as well as testing the depth extent to greater than 400m, targeting a multi-million tonne, high-grade copper-gold res
Slide 13: Why invest in Tennant Minerals?
Why invest in Tennant Minerals? AXS:TMS High-grade copper-gold discovery in greenfields area east of well endowed mineral field. Bluebird Cu-Au discovery open all directions, further drilling to define resource potential. Identified, excellent, potential for multiple discoveries to be made in Barkly
Slide 14: TMS - Corporate Overview
TMS - Corporate Overview TMS Share Price Chart TMS $2M $0.06 160.0 ASX Code Cash (as at 31 December 2022) 140.0 $0.05 120.0 Share Price (A$/share) $24M 616.6m $0.04 100.0 Volume (m) $0.03 80.0 Market Cap (at $0.039 close 10/2/23) Shares on Issue 60.0 $0.02 Options: $22m 40.0 $0.01 - TMSO (L). 383.7m
Slide 15: Board and Management
Board and Management Mr Matthew Driscoll Mr Michael Scivolo Mr Neville Bassett Dr Allison Dugdale Chairman (Non-Executive) Director (Non Executive) Director (Non Executive) Director (Non Executive) Mr Driscoll has significant experience across Mr Bassett is a Chartered Accountant specialising in Dr
Slide 16: Contact Details
Contact Details Jon Dugdale Technical Advisor, CP (FAusIMM) E: jdugdale@tennantminerals.com T: +61 8 9481 7833 Media and Broker Enquiries Andrew Rowell White Noise Communications E: andrew@whitenoisecomms.com T: +61 8 6374 2907 16